GM, Ford, FCA Post Sales Gains in July 2015

The Big Three domestic automakers posted sales gains last month including Ford, which sold 222,731 units for an increase of 5 percent compared to July 2014. Meanwhile, Fiat Chrysler Automobiles and General Motors both jumped 6 percent compared to the same month last year, selling 178,027 and 272,512 vehicles respectively.

Research

After recently reporting a net profit of $1.9 billion in the second quarter of 2015, Ford builds on the good news with a strong July. The Lincoln brand was up 21.3 percent with 9,536 total units sold thanks to strong performances across the board except for the MKZ. The Ford brand reaped in big sales from most of its SUVs and crossovers including the Explorer.

FCA also saw big gains from its crossover lineup. The Jeep brand was a bright spot thanks to its sales increase of 23 percent, making July the 22nd-consecutive month of year-over-year sales gains. Overall sales for Dodge and Fiat were down, despite strong sales from the Journey (8,280 units sold) and the new 500X (962 units sold).

In the GM camp, Buick made the biggest sales gain last month with 20,791 units sold, a 17.6-percent increase compared to July 2014. Cadillac was the only brand in a slump, with sales down 7.1 percent (14,154 units sold).